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After Facebook’s parent company, Meta, renamed itself to reflect its new direction, the term gained a lot of traction. Meta is the next evolution of social connection. The metaverse, which is expected to be worth $760 billion by 2026, is already growing, with Meta, Microsoft, and Google revealing plans to construct new virtual worlds. Despite the fact that the consumer-facing version of the metaverse is still more of a concept than a reality, there have already been concerns raised about the possibility of cybercriminals and others with malicious intent using it for criminal purposes, such as fraud, disinformation or money laundering. As studies demonstrate, the cyber crims aren’t afraid to get inventive when it comes to seeking new ways to damage individuals and businesses. However, once the concept is grounded in the reality of social interactions and human conduct, it quickly displays several flaws. What will it mean for users when hate speech and cyberbullying take more physical forms of avatars and have personal ramifications, and who will safeguard them in the universe of codes and nameless strangers?
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